Forex Indicators
Is it possible to make a living buying and selling stocks and shares?
I was told about forex and day trading but I think it might be a scam.
Public Comments
- No it's not but only an experienced Broker and firm can do it. The average person does not know what to do buy hold or sell and can lose all their money..if you want to invest in stocks open an account with an experienced broker with a good background and at least twenty years in the business..and only invest in stocks what you can afford to lose. It is High return for sure but high risk too!
- Conservatively, you can average about 12% a year by buying large-capitalization stocks and selling (also called writing) call options to collect a premium. So you can make about $12,000 for each $100,000 in your account. With a $500,000 account, you would make about $60,000 a year. With a larger account, of course, you could make more. Another way to make consistent profits in stocks in "swing trading," going for small moves of several days to several weeks in stocks or stock options. I use Japanese candlestick charts to swing trade, and have been averaging 8% to 12% a month, using some leverage. Instead of buying stocks, I buy deep-in-the-money options, going both long and short. Doing this, even a small account of $100,000 can make you $8,000 to $12,000 a month, an amount many people would consider a very comfortable living. Get a book on Japanese candlestick trading, paper-trade for a while (just make "pretend" trades, tracking the results in Yahoo Finance) until you become proficient at recognizing and acting on the signals.
- You can make a living, but you need a lot of money to start with. A decent annual return is 12%. To make $36,000 a year, you would need $300,000 of initial money. Here is a good site, where you can see investors whose "practice" portfolios have made huge gains over the past year: http://www.top10traders.com Good luck!
- the one you mention is a scam, but otherwise you can make a lot of money trading stocks, if you know what you are doing, which seemingly you don't.
- Yes. Open a brokerage account at Zecco and I will make at least $10,000.00 USD for you for FREE for educational purposes only. (I am a Portfolio Manager with over a decade of experience in the Stock Markets)
- Hi, As with stocks and shares, the forex market is a very risky market. But you can make money if you know what you are doing. I recommend you 2 forex companies you can start opening a demo account to try the forex market for yourself before comitting real money. 1- www.oanda.com 2- www.fxcm.com If you have no idea about forex I strongly suggest some education before you start. A good place to learn and take the quiz for each lessons is: www.babypips.com/ Once you're ready to trade and based on my personal experience you need some kind of help in the market place to be able to place winning trade I suggest to you to visit: www.forex-signals-4u.com Good luck
- if you are rich then, yes it is possible. If you are poor, then keep working your hourly wage. How do you determine if you are rich or poor? I don't know. Check my profile for a fun investment idea.
- from my understand it is, but it requires a lot of work, I don't think its something just anyone can get into, like being a computer programmer, it's possible to make a good living doing it, but not everyone is going to be capable of doing it effectively to make a living off it. anyway, some more information on it, check out: http://www.insightempire.com/Freeforextraining/
